L’Etat C’est Moi: The Rise Of Dependency In America

Violent protests by public employees  in Greece who are upset that they might have to give up their 13th and 14th months salary is the ultimate sign of dependency. The private sector behaved slightly better but still opposed the changes (“We want the government to take back these measures which freeze our pay rises [...]

Greece: Coming Attractions? … Or Wake-Up Call?

It is not the magnitude of the rapidly collapsing Greek economy that should concern us in America.  It is, rather, that Greece is unquestionably the proverbial canary in the coal mine that should have the American ruling class burning the midnight oil to extract us from the mess they and their predecessors have created for [...]

Sunday Open Thread: Euro Edition

Today, in 1998, the European Central Bank is founded in Brussels. The crisis in Greece will test how long we observe this anniversary.

Beware of Greeks Bearing Bailout Plans

As the Greek Debt Crisis continues, President Obama needs to stand firm: American tax dollars should not be used to bail out Greece – or any country – that engages in reckless government spending and deficits.  And yet, a bailout paid for by U.S. taxpayers remains a real possibility.

This week, leaders of the European Union will [...]

Feeding the Deficit: The Ultimate Obesity

Controlling obesity is all the rage now in America as, indeed, it should be. Feeding the American appetite with too many of the wrong kinds of calories is exacting a terrible toll on the health of Americans of all ages. Obesity, like cigarettes, kills. In recent years, Congress, along with a compliant President Bush and [...]